Stuart Olson Announces Chair Succession

Posted Posted in 2019, MediaCenter

CALGARY, April 17, 2019 /CNW/ – Stuart Olson Inc. (TSX: SOX, SOX.DB.A) (“Stuart Olson” or the “Company”) today announced that the Board of Directors has selected David C. Filmon to succeed Albrecht Bellstedt as Chair following the Company’s annual and special meeting of shareholders on May 22, 2019. Mr. Bellstedt is retiring from the role after over ten years’ service as Chair. Mr. Filmon […]

Stuart Olson Announces Release Date, Conference Call and Webcast for 2019 First Quarter Financial Results

Posted Posted in 2019, MediaCenter

CALGARY, April 15, 2019 /CNW/ – Stuart Olson Inc. (TSX: SOX, SOX.DB.A) (“Stuart Olson” or the “Company”) today announced that it will release its financial results for the first quarter ended March 31, 2019 on or about Wednesday, May 8, 2019 after the close of the Canadian capital markets. Conference Call The Company will host a conference call and webcast to discuss its […]

Stuart Olson Awarded $120 Million in New Contracts

Posted Posted in 2019, MediaCenter

CALGARY, March 26, 2019 /CNW/ – Stuart Olson Inc. (TSX: SOX, SOX.DB.A) (“Stuart Olson” or the “Company”) today announced that it has been awarded approximately $120 million in new contracts. The Industrial Group has secured a new master services agreement (“MSA”) with an existing customer, to extend the provision of construction services in Ontario to three additional regions. The Industrial Group has also […]

Stuart Olson Reports Fourth Quarter and Full Year 2018 Results

Posted Posted in 2019, MediaCenter

Added approximately $825 million to consolidated backlog in 2018 Maintained balance sheet with healthy liquidity and leverage metrics Amended revolving credit facility to allow for additional financial flexibility Quarterly dividend reduced to $0.06 per common share to support future growth CALGARY, March 5, 2019 /CNW/ – Stuart Olson Inc. (TSX: SOX, SOX.DB.A) (“Stuart Olson” or the “Company”) today announced fourth quarter and full-year […]

Stuart Olson named one of Alberta’s Top Employers in 2019 for the third consecutive year

Posted Posted in 2019, MediaCenter

CALGARY, March 4, 2019 /CNW/ – Stuart Olson Inc. (TSX: SOX, SOX.DB.A) (“Stuart Olson” or the “Company”) is honoured to have been shortlisted as one of Canada’s Top 100 employers, and recognized as one of Alberta’s Top Employers in 2019 for the third consecutive year. “To again be recognized as one of Alberta’s Top Employers, and shortlisted as one of Canada’s Top 100 Employers, reflects our strong […]

Stuart Olson Announces Release Date, Conference Call and Webcast for 2018 Fourth Quarter and Annual Financial Results

Posted Posted in 2019, MediaCenter

CALGARY, Feb. 19, 2019 /CNW/ – Stuart Olson Inc. (TSX: SOX, SOX.DB.A) (“Stuart Olson” or the “Company”) today announced that it will release its financial results for the quarter and fiscal year ended December 31, 2018 on or about Tuesday, March 5, 2019 after the close of the Canadian capital markets. Conference Call The Company will host a conference call and webcast to […]

Stuart Olson Announces Appointment of a New Director

Posted Posted in 2018, MediaCenter

CALGARY, Dec. 3, 2018 /CNW/ – Stuart Olson Inc. (TSX: SOX, SOX.DB.A) (“Stuart Olson” or the “Company”) today announced the appointment of Mary C. Hemmingsen to its Board of Directors. Ms. Hemmingsen will join the Audit Committee and Health, Safety and Environment Committee. Ms. Hemmingsen currently serves on the advisory board for InstarAGFAsset Management Inc., and the governing board for Women […]

Correction Notice to Press Release Regarding Dividend Payable Date

Posted Posted in 2018, MediaCenter

CALGARY, Nov. 29, 2018 /CNW/ – Stuart Olson Inc. (TSX: SOX, SOX.DB.A) (“Stuart Olson” or the “Company”) today announced a correction to its press release issued on November 6, 2018 entitled “Stuart Olson Reports Third Quarter Results” only in respect of the declared dividend payable date. In the press release, the payable date was misstated as January 16, 2019. The corrected date […]

Stuart Olson Reports Third Quarter Results

Posted Posted in 2018, MediaCenter

Significantly improved balance sheet leverage and strong liquidity Dividend payout ratio of 36.0% 31st consecutive quarterly dividend of $0.12 per common share declared Approximately $205 million added to consolidated backlog CALGARY, Nov. 6, 2018 /CNW/ – Stuart Olson Inc. (TSX: SOX, SOX.DB.A) (“Stuart Olson” or the “Company”) today announced third quarter 2018 financial results, and declared its 31st consecutive quarterly dividend of $0.12 per common share. “Our […]

Stuart Olson Completes Acquisition of Tartan Canada Corporation

Posted Posted in 2018, MediaCenter

CALGARY, Nov. 6, 2018 /CNW/ – Stuart Olson Inc. (TSX: SOX, SOX.DB.A) (“Stuart Olson” or the “Company”) today announced it has successfully acquired all of the outstanding shares of Tartan Canada Corporation (“Tartan”) for a purchase price of approximately $12 million, which is subject to customary  holdbacks and adjustments. Founded in 1953, Tartan is a privately held Western based mechanical […]